WATERS 240
WATERS 240 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Apache Corporation. It has 5 wellbores on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 233,626 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $22K, with roughly $4K expected over the next twelve months.
| Operator | Apache Corporation |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 09027 |
| Wellbores | 5 |
| Reported production | 233,626 bbl |
| First reported | September 2012 |
| Last reported | August 2026 |
| Estimated royalty value | $22K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.